secwatch.observer — SEC 8-K summary
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Issuer:     Angi Inc. (ANGI)
CIK:        0001705110
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0001705110-22-000118
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angi CRO Services Umang Dua steps down; to serve as Senior Advisor through March 2023
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- Umang Dua voluntarily resigned as Chief Revenue Officer, Services effective Dec 5, 2022; will remain as Senior Advisor through Mar 31, 2023.
- During transition, Dua will receive $400K base salary, benefits, and 2022 bonus of at least 50% of base salary.
- Post-separation, Dua eligible for base salary through Dec 31, 2023 and accelerated vesting of 472,144 RSUs from March 2022 award.
- If terminated without cause or resigns for good reason before separation, vesting of additional 209,643 and 369,275 RSUs accelerates.
- Transition agreement includes non-disparagement, confidentiality, and reaffirms prior post-employment covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705110/000170511022000118/0001705110-22-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705110/000170511022000118/angi-20221129.htm
  HTML page:      https://secwatch.observer/filing/0001705110-22-000118

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